Plan Ledger DOL Form 5500 · updated monthly

Valant Medical Solutions401(k)

VALANT MEDICAL SOLUTIONS 401(K) PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Valant Medical Solutions reported $4,738 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $123 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.23% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,247th of 1,714), and 9,139th of 11,654 in professional & technical services. In 2024, employees put in $57.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,669,688
Participants with balances151
Active participants124
Employer contributions$15,283
Employee contributions$881,460
Employer contribution per active participant$123
Average account balance$44,170
Benefits paid to participants$639,679
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.7M · 151 accts · $15K emplr
2023$5.6M · 125 accts · $8K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,738
Total administrative$4,738
The Valant Medical Solutions 401(k) match · 2024
Employer contribution per active participant$123
Median for plans this size$1,313
2024$123 per active participant
2023$96 per active participant

Valant Medical Solutions's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
HUNNEX & SHOEMAKER, INC · Other services$2,897
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (plan) · Investment advisory (participants)$908
VOYA RETIREMENT INS. AND ANNUITY CO · Investment advisory (participants)$139

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$4,738 · 0.08%
2023$11,207 · 0.23%
Similar plansProfessional & Technical Services · Washington
Inventprise, Inc. WA$7.5M · 0.41%
Center Id Corp WA$7.2M · 0.02%
Resolvit Resources LLC WA$7.2M · 0.09%
Snbl USA, LTD. WA$6.6M · 0.81%
Design Laboratory WA$6.5M · 0.08%
Seven Two, Inc. WA$6.5M · 0.57%
Wellhaven Pet Health, LLC WA$6.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273668529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.